Presto clarified what will happen with its restaurants after entering judicial liquidation and revealed how long they will remain open

Automated contentPresto goes bankrupt. Photo: Taken from the website of the Fundadores Shopping Center in Manizales 16.10.2026 15:53 Updated: 16.10.2026 15:53 Presto spoke out about the future of its restaurants after the Superintendence of Companies ordered the opening of the judicial liquidation process of Franquicias y Concesiones S.A.S., the company that owns the brand. Through a statement addressed to its customers, employees, suppliers, franchisees, and the general public, the company clarified that, for now, its points of sale will remain open and operating normally, until further notice from the appointed liquidator, Mónica Alexandra Macías Sánchez. In the document, the liquidator explained that the decision to keep operations running seeks to preserve the productive economic unit, protect the value of the brand and its establishments, and support the work of the people who are part of the chain. According to her, continuing commercial activities may also help protect creditors amid the judicial process the company is facing. In this way, the opening of the liquidation does not mean that all restaurants must close immediately. SEE ALSO The statement is also addressed to the individuals and companies to whom Presto owes money. The liquidator asked them to file their claims within the process, regardless of the amount of the obligation. Once the Superintendence of Companies publishes the official notice of opening, creditors will have a period of 20 days to complete this procedure. Those who do not file their claims within the established period will be considered deferred creditors, meaning they can only receive payments after the obligations of the other creditors have been met. Presto has been operating for more than 40 years. Photo: Screenshot from social media. The financial crisis that led Presto to liquidation The communication came after the chain failed to continue the business reorganization process it had begun in July 2023 to address its financial obligations and maintain its operations. In April 2026, the Superintendence of Companies had confirmed an agreement with creditors that contemplated the payment of approximately 31 billion pesos over six years. However, months later, the company requested the opening of judicial liquidation due to difficulties in continuing as a going concern. SEE ALSO According to the information known about the case, among the factors that led to this outcome were the reduction in cash flow and delays in paying administrative expenses. Judicial liquidation means the process becomes focused on addressing outstanding obligations and managing the company's assets, under the conditions established by the competent authority. Nevertheless, the liquidator's expressed intention is to seek an alternative that allows the commercial operation to be preserved. In that scenario, the possibility of finding a buyer emerges as a way to avoid the closure of the establishments. The sale of the company is not guaranteed and will depend on whether a viable proposal is presented during the process. For now, the liquidator's message is that the restaurants will continue serving the public until further notice, while the corresponding proceedings are carried out and efforts are made to protect the value of the brand. Presto Photo: Presto SEE ALSO Presto, which opened its first restaurant in Bogotá in 1981, thus faces a new chapter in a history of more than four decades in the Colombian market. As the judicial liquidation moves forward, the company asked its creditors to file their claims in a timely manner and assured that it will keep interested parties informed about the progress of the process. The future of its points of sale will depend on the decisions that are made and on whether an alternative can be reached to preserve the commercial activity. This content was written with the assistance of artificial intelligence, based on publicly available information disclosed to the media. It was also reviewed by a journalist and an editor. Juan Sebastián Cardona Bernal Digital Outreach Editorial Desk — EL TIEMPO More news at EL TIEMPO Follow all the news from Colombia on Facebook and Twitter, or in our weekly newsletter. EL TIEMPO NEWSLETTERS Sign up for our newsletters and receive news in your email based on your interests. Stay informed about what really matters to you. EL TIEMPO ON GOOGLE NEWS Follow us on GOOGLE NEWS. Always stay up to date with the latest news, coverage, stories, and analysis directly on Google News. EL TIEMPO ON WHATSAPP Join El Tiempo's WhatsApp channel to stay up to date with the most relevant news as it happens. EL TIEMPO APP Stay informed with the EL TIEMPO app. Receive the latest news, coverage, stories, and analysis directly on your device. SUBSCRIBE TO THE DIGITAL EDITION Reliable information for you. Subscribe to EL TIEMPO and access our journalistic content without limits.